In 2025, FIIs have withdrawn over ₹38,000 crore from Indian equities, yet domestic mutual funds pumped in more than ₹45,000 crore, cushioning market volatility. India’s retail SIP base crossed ₹22,000 crore monthly, reflecting confidence despite global headwinds. Meanwhile, China’s markets remain sluggish, with the Shanghai Composite down 12% YTD amid weak growth and property sector distress.